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Category: Economy

Business Economy headline

Billionaire Mackenzie Scott gives away £2bn more

Iheanyi Ejiofor June 16, 2021 No Comments #MacKenzie Scott #Jeff Bezos #Charity #

Billionaire MacKenzie Scott, ex-wife of Amazon founder Jeff Bezos, has donated another $2.7bn (£1.9bn) to a range of charities. Ms. Scott said in a blog post that she wanted to…

Read More Billionaire Mackenzie Scott gives away £2bn more
Business Economy headline

MTN warns of service disruption in Nigeria due to rising insecurity

Iheanyi Ejiofor June 15, 2021 No Comments #MTN #Insecurity #Nigeria

MTN’s service in Nigeria could be disrupted as a result of rising insecurity in different parts of the country, the local unit of South Africa’s telecoms group said on Tuesday.…

Read More MTN warns of service disruption in Nigeria due to rising insecurity
Business Economy headline

Osinbajo test-drives Nigeria’s first locally-assembled electric car

Iheanyi Ejiofor June 15, 2021 No Comments #Osinbajo #Stallion motors #Hyundai #Kona #Test drive

By our reporter| The first locally assembled electric car, Hyundai Kona, was on Tuesday test-driven by Vice -President Yemi Osinbajo. Osinbajo who drove the car during an exhibition tour of…

Read More Osinbajo test-drives Nigeria’s first locally-assembled electric car
Business Economy headline

Inflation rate dropped to 17.93 percent in May-NBS

Iheanyi Ejiofor June 15, 2021 No Comments #Inflation #NBS #Prices #April #May

Nigeria’s inflation rate dropped to 17.93 percent in May from 18.12 in April, according to the ‘Consumer Price Index Report’, released by the National Bureau of Statistics (NBS), on Tuesday.…

Read More Inflation rate dropped to 17.93 percent in May-NBS
Business Economy headline

7 million Nigerians pushed below poverty line in 2020 by rising prices – World Bank

Iheanyi Ejiofor June 15, 2021 No Comments #Nigeria #Worldbank #Poverty

By our reporter| The World Bank has said rPovertyising prices pushed about seven million Nigerians below the poverty line in 2020, the World Bank has said. In a press statement…

Read More 7 million Nigerians pushed below poverty line in 2020 by rising prices – World Bank

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